DUSHANBE, Tajikistan, April 25. The European Bank for Reconstruction and Development (EBRD) is ready to provide financing to Tajikistan across all priority areas, including the installation of solar panels, said Holger Wiefel, the Head of Tajikistan for EBRD, TurkicWorld reports.

According to the authorities of the Sughd region, he made the statement during a meeting with the Chairman of the Sughd region, Rajabboy Ahmadzoda.

Wiefel also mentioned that the implementation of projects for installing heating systems, as well as the modernization and installation of electrical substations, is highly necessary and beneficial.

The current project portfolio of the EBRD in Tajikistan amounted to 507 million euros as of February 29, 2024, for the completion of 72 active projects. As of the end of February, the EBRD's cumulative investments in Tajikistan totaled 946 million euros, spread across 168 projects.

In 2020, the EBRD invested 131 million euros in Tajikistan's projects, followed by 56 million euros in 2021 and 21 million euros both in 2022 and 2023.